NCUA Designates June as MDI Awareness Month

The National Credit Union Administration is designating June as Minority Depository Institution Awareness Month to enhance the public’s understanding of the vital work minority depository institution credit unions perform in underserved communities nationwide.

The NCUA also has adjusted its examination process to accommodate the distinctive business model of MDIs. This important evolution in the examination process provides the NCUA with greater insight into MDI strategies and member needs while providing MDIs with useful metrics to benchmark their work against their true peers. This leads to enhanced services to members and under-resourced communities.

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